India Digest: Infy to Begin Search for its new Murthy

Here is a roundup of news from Indian newspapers, news wires and Web sites on Monday, August 9, 2010. The Wall Street Journal has not verified these stories and does not vouch for their accuracy.

Infy to Begin Search for its new Murthy: Infosys Technologies will begin the task of finding a replacement for its chairman and chief mentor, NR Narayana Murthy, from January next year, as India’s second-biggest software exporter seeks to pass on the baton to a new crop of leaders. Mr Murthy will retire next year August after he turns 65. (Source: Economic Times) http://economictimes.indiatimes.com/news/news-by-company/corporate-announcement/Infy-to-begin-search-for-its-new-Murthy/articleshow/6277861.cms

33 Soilders Swept Away to PoK, Pak Help Sought: Thirty-three soldiers, including three Junior Commission Officers (JCOs), deployed along the Line of Control (LoC) near Siachen glacier are feared to have been washed away to Pakistan-occupied Kashmir (PoK) due to flash floods in Ladakh. (Source: NDTV) http://www.ndtv.com/article/india/leh-flash-floods-33-soldiers-swept-away-at-loc-pak-help-sought-42991?cp

HRD Ministry to get Rs. 2,310 Billion for RTE: Finance minister Pranab Mukherjee on Sunday said the human resource development ministry will be allocated Rs 2.31 lakh crore over the next three years to set up infrastructure in order to implement the Right to Education Act. (Source: Financial Express) http://www.financialexpress.com/news/HRD-min-to-get-Rs-2-31-L-cr-over-three-years–says-FM/657748/

‘Centre Must Spell out its Stand on Lalgarh Rally’: The Communist Party of India (Marxist) on Sunday demanded that the Centre spell out its stand on the rally being staged jointly by the Trinamool Congress and Maoists at Lalgarh in West Bengal on Monday. (Source: The Hindu) http://www.thehindu.com/news/national/article559360.ece?homepage=true

Britain’s top labels thrive on Indian sweatshop labor: Britain’s best-known high street stores — Gap, Next and Marks and Spencer — have reportedly launched inquiries into abuse of working regulations at their Indian suppliers, which have resulted in children as young as six being left alone while their parents work in outlets in Delhi and in the satellite township of Gurgaon on its outskirts. (Source: Hindustan Times) http://www.hindustantimes.com/Britain-s-top-labels-thrive-on-Indian-sweatshop-labour/H1-Article1-584030.aspx

Amarnath Yatra Resumes After two Days of Suspension: After remaining suspended for two days due to inclement weather conditions, the annual Amarnath pilgrimage today resumed from here with a fresh batch leaving for the holy cave shrine in South Kashmir Himalayas. (Source: Press Trust of India) http://ptinews.com/news/854965_Amarnath-yatra-resumes-after-two-days-of-suspension-

‘Cabinet nod for revised Swiss tax treaty soon’: T he government is likely to approve the revised tax treaty with Switzerland soon, a move that will speed up government efforts to seek information about illicit wealth stashed away by Indians in Swiss banks. (Source: Indian Express) http://www.indianexpress.com/news/cabinet-nod-for-revised-swiss-tax-treaty-soon/657674/

Sports Ministry Asks FIH to Stop Interfering: The Union sports ministry took a strong exception at the excessive interference of International Hockey Federation (FIH) in the management of hockey in India, saying that it must act as a neutral observer, and not try and be the kingmaker by involving itself in hockey politics in the country. (Source: The Times of India) http://timesofindia.indiatimes.com/sports/more-sports/hockey/Sports-ministry-to-FIH-Stop-interfering/articleshow/6278043.cms#ixzz0w4UT5eFp

Woman Shooter Clinches Gold at World Championship: Tejaswini Sawant scripted history by becoming the first Indian woman to clinch gold at the World Shooting Championship when she won the 50m rifle prone event on Sunday, equalling the world record in the process. (Source: Times of India) http://timesofindia.indiatimes.com/sports/more-sports/shooting/Sawant-shoots-historic-gold-at-World-Championships/articleshow/6274795.cms

Here is a roundup of news from Indian newspapers, news wires and Web sites on Monday, August 9, 2010. The Wall Street Journal has not verified these stories and does not vouch for their accuracy.

Infy to Begin Search for its new Murthy: Infosys Technologies will begin the task of finding a replacement for its chairman and chief mentor, NR Narayana Murthy, from January next year, as India’s second-biggest software exporter seeks to pass on the baton to a new crop of leaders. Mr Murthy will retire next year August after he turns 65. (Source: Economic Times)

33 Soilders Swept Away to PoK, Pak Help Sought: Thirty-three soldiers, including three Junior Commission Officers (JCOs), deployed along the Line of Control (LoC) near Siachen glacier are feared to have been washed away to Pakistan-occupied Kashmir (PoK) due to flash floods in Ladakh. (Source: NDTV)

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HRD Ministry to get Rs. 2,310 Billion for RTE: Finance minister Pranab Mukherjee on Sunday said the human resource development ministry will be allocated Rs 2.31 lakh crore over the next three years to set up infrastructure in order to implement the Right to Education Act. (Source: Financial Express)

‘Centre Must Spell out its Stand on Lalgarh Rally’: The Communist Party of India (Marxist) on Sunday demanded that the Centre spell out its stand on the rally being staged jointly by the Trinamool Congress and Maoists at Lalgarh in West Bengal on Monday. (Source: The Hindu)

Britain’s top labels thrive on Indian sweatshop labor: Britain’s best-known high street stores — Gap, Next and Marks and Spencer — have reportedly launched inquiries into abuse of working regulations at their Indian suppliers, which have resulted in children as young as six being left alone while their parents work in outlets in Delhi and in the satellite township of Gurgaon on its outskirts. (Source: Hindustan Times)

Amarnath Yatra Resumes After two Days of Suspension: After remaining suspended for two days due to inclement weather conditions, the annual Amarnath pilgrimage today resumed from here with a fresh batch leaving for the holy cave shrine in South Kashmir Himalayas. (Source: Press Trust of India)

‘Cabinet nod for revised Swiss tax treaty soon’: T he government is likely to approve the revised tax treaty with Switzerland soon, a move that will speed up government efforts to seek information about illicit wealth stashed away by Indians in Swiss banks. (Source: Indian Express)

Woman Shooter Clinches Gold at World Championship: Tejaswini Sawant scripted history by becoming the first Indian woman to clinch gold at the World Shooting Championship when she won the 50m rifle prone event on Sunday, equalling the world record in the process. (Source: Times of India) s

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